Recessions and depressions

FILE - In this March 6, 2019, file photo, container ships docked at the Port of Oakland wait to be unloaded in Oakland, Calif. The U.S. economy shook off fears of a sharp slowdown in the first quarter of the year and grew at a solid pace, suggesting the nearly decade-long expansion still has a ways to go. (AP Photo/Ben Margot, File)
April 26, 2019 - 1:13 pm
WASHINGTON (AP) — The worries that hung ominously over the U.S. economy early this year appear to have lifted. And that sunnier picture has helped bolster confidence in the stock market — driving the benchmark S&P 500 index to another record high Friday. The latest dose of encouragement came in...
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FILE - In this March 11, 2019, file photo trader John Panin, right, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, April 26. (AP Photo/Richard Drew, File)
April 26, 2019 - 12:59 pm
Stocks edged higher on Wall Street in late-afternoon trading Friday, placing the market on track to finish with its second all-time high this week. A late-afternoon flurry of buying helped nudge the benchmark S&P 500 and other indexes higher after spending much of the day hovering near their...
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FILE - In this Dec. 31, 2018, photo a Washington state ferry sails on a foggy day near cranes at the Port of Seattle. On Friday, April 26, 2019, the Commerce Department issues the first estimate of how the U.S. economy performed in the January-March quarter. (AP Photo/Ted S. Warren, File)
April 26, 2019 - 5:59 am
WASHINGTON (AP) — The U.S. economy grew at a solid 3.2% annual rate in the first three months of the year, a far better outcome than expected, overcoming a host of headwinds including global weakness, rising trade tensions and a partial government shutdown. The advance in the gross domestic product...
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FILE - In this March 12, 2019, file photo, trader Michael Milano works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, April 23. (AP Photo/Richard Drew, File)
April 23, 2019 - 4:54 pm
The S&P 500 hit an all-time high Tuesday, marking the stock market's complete recovery from a nosedive at the end of last year. The benchmark index's previous record was set last September, shortly before the market sank in the fourth quarter amid fears of a recession, an escalating trade war...
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Australian Prime Minister Scott Morrison, second left, shakes hands with Governor General Peter Cosgrove as he leaves Government House in Canberra, Thursday, April 11, 2019, after a meeting to dissolve parliament and head for a Federal Election. (Mick Tsikas/AAP Image via AP)
April 10, 2019 - 5:31 pm
CANBERRA, Australia (AP) — Australia's prime minister on Thursday called a May 18 election that will be fought on issues including climate change, asylum seekers and economic management. "We live in the best country in the world," Prime Minister Scott Morrison told reporters after advising the...
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FILE- In this March 7, 2019, file photo visitors to the Pittsburgh veterans job fair meet with recruiters at Heinz Field in Pittsburgh. On Friday, April 5, the U.S. government issues the March jobs report. (AP Photo/Keith Srakocic, File)
April 05, 2019 - 3:10 pm
WASHINGTON (AP) — A month ago, many economists fretted that the 10-year U.S. expansion looked wobbly. But after the government reported Friday that hiring rebounded in March, the economy suddenly looks sturdy again. Growth has weakened since last year to something closer to the modest pace that has...
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FILE- In this Feb. 5, 2019, file photo trader John Panin works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, April 5. (AP Photo/Richard Drew, File)
April 05, 2019 - 10:58 am
Stocks moved broadly higher Friday afternoon on Wall Street after a better-than-expected report on U.S. jobs eased worries that the economy is slowing too sharply. Health care, energy and technology stocks accounted for much of the rally, which placed the benchmark S&P 500 index on track for...
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People are reflected on the electronic board of a securities firm in Tokyo, Tuesday, April 2, 2019. Asian stock prices followed Wall Street higher on Tuesday on encouraging global economic data.(AP Photo/Koji Sasahara)
April 02, 2019 - 1:52 am
BEIJING (AP) — Global stock prices followed Wall Street higher Tuesday on encouraging economic data despite uncertainty over Britain's departure from the European Union. Benchmarks in London, Frankfurt, Shanghai and Hong Kong gained while Tokyo was flat. Oil prices rose again, adding to Monday's...
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People are reflected on the electronic board of a securities firm in Tokyo, Tuesday, April 2, 2019. Asian stock prices followed Wall Street higher on Tuesday on encouraging global economic data.(AP Photo/Koji Sasahara)
April 01, 2019 - 10:43 pm
BEIJING (AP) — Asian stock prices followed Wall Street higher Tuesday on encouraging global economic data. Benchmarks in Shanghai, Tokyo and Seoul all advanced. Oil prices advanced again, adding to Monday's big gains. Investors were encouraged by manufacturing indicators that showed activity in...
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FILE- In this March 18, 2019, file photo specialist Meric Greenbaum, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, April 1. (AP Photo/Richard Drew, File)
April 01, 2019 - 1:52 pm
Stocks closed solidly higher on Wall Street Monday after a batch of encouraging global economic data kept investors in a buying mood. Financial and technology companies powered much of the rally, which extended the market's gains from last week, when the benchmark S&P 500 closed out its best...
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